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RBL Bank Ltd soars 1.42%, Gains for third straight session

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RBL Bank Ltd is quoting at Rs 114.05, up 1.42% on the day as on 12:54 IST on the NSE. The stock is down 82.9% in last one year as compared to a 22.23% fall in NIFTY and a 40.95% fall in the Nifty Bank index.

RBL Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 114.05, up 1.42% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.69% on the day, quoting at 9128.85. The Sensex is at 31047.12, up 0.74%. RBL Bank Ltd has added around 8.46% in last one month.

Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has added around 8.51% in last one month and is currently quoting at 17840.2, up 1.04% on the day. The volume in the stock stood at 116.8 lakh shares today, compared to the daily average of 434.31 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 114.4, up 1.24% on the day. RBL Bank Ltd is down 82.9% in last one year as compared to a 22.23% fall in NIFTY and a 40.95% fall in the Nifty Bank index.

The PE of the stock is 11.3 based on TTM earnings ending March 20.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 21 2020. 13:05 IST
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